THE FUTURE OF MINING IS HERE - GoldSpot Discoveries
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THE FUTURE
OF MINING
IS HERE
April 2021
1
FORWARD
Certain statements in this presentation constitute forward looking information within the
meaning of applicable securities laws. These statements relate to future events or Goldspot
Discoveries Corps.’s (“Goldspot Discoveries” or “the Company”) future performance, business
prospects or opportunities. Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events
LOOKING
or performance (often, but no always, using words or phrases such as “seek”, “anticipate”,
“plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”,
“potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar
expressions) are not statements of historical fact and may be forward looking information.
STATEMENT Forward looking information in this presentation includes, but is not limited to, statements
with respect to the Company’s future plans to acquire additional targets or properties
including equity positions with partners, enter into joint venture, earn‐in, royalty or streaming
structure agreements, or dispose of properties, achieve an income stream which would permit
it to pay a dividend on its outstanding shares, the timing and amount of future exploration and
expenditures and the possible results of such exploration.
Forward looking information involves known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of the Company to
be materially different from any future results, performance or achievements expressed or
implied by the forward looking information. Such risks include, among others, the risk that the
Company will not be successful in completing additional acquisitions, risks relating to the
results of exploration activities and risks relating to the ability of the Company to enter into
joint venture, earn‐in, royalty or streaming structure agreements, or dispose of properties,
future prices of mineral resources; accidents, labor disputes and other risks of the mining
industry including continued community and government support of the Company’s projects.
The Company believes that the expectations reflected in such forward looking information are
reasonable, but no assurance can be given that these expectations will prove to be correct
and such forward‐looking information should not be unduly relied upon. These statements
speak only as of the date of this presentation. The Company does not intend, and does not
assume any obligation, to update any forward‐looking information except as required by law.
2
2
GOLDSPOT DISCOVERIES - OVERVIEW
Global Investments
Exploration
Consulting A growing portfolio
Technology
Services of assets
Exploration Entities
$10M revenues Golden Planet Mining Corp.
$17M invested in R&D from client-focused ($8.0M FMV, Jan 1, 2021)
decision-products Royalties
0.2% - 0.5% - New Found Gold
0.5 - 1% - Exploits Discovery
0.5 - 2.5% - Manitou Gold
0.5% - One Bullion
0.5% - Pacton Gold
Portfolio
$4.5M cash
$17.8M investments
(Dec 31, 2020)
3
GOLDSPOT CAPITAL STRUCTURE
Capital Structure
as of Dec. 30, 2020
U.S. Global Rob McEwen
Triple Flag 7.50% 1.31%
Shares Outstanding (M) 94.72 Mining
7.65%
Share Price (April 8, 2021) (C$) 0.40
Eric Sprott
Other
Mkt Cap (C$M) 37.89 9.91%
43.28%
Management &
Cash & Portfolio (C$M) Employees
30.36 Palisades
(incl. fair market value of Golden Planet) 13.22%
Goldcorp
17.13%
Revenue (C$M) (2020) 5.20
Net Income (C$) (2020) 10.40
4
GOLDSPOT: GLOBALLY, ANY RESOURCE
GoldSpot works with industry leaders to identify new mineral exploration targets, to develop new technologies,
and to invest strategically in small-cap mineral exploration companies.
Gold 79 Silver 47
Au Ag
Copper 29 Lead 82 Zinc 30
Asia & Australia:
Cu Pb Zn
Open for Expansion
Cobalt 27 Palladium 46 Platinum 78
Co Pd Pt
Iron 26 Aluminium 13 Uranium 92
Fe Al U
5CONSULTANCY REVENUE GROWTH
$12.M
92% Projected
$10.M Revenue
$10.M
$8.M
126%
C$
$6.M
$5.2M
$4.M 92%
167% $2.3M
$2.M
$1.2M
$.45M
$.M
2017 2018 2019 2020 2021 Est.
6CASH & INVESTMENT GROWTH VS R&D SPEND
35
$30M
30
25
20
CAD$ M
15
10
Cash &
5
Investments
-
Feb-2019 Jun-2019* Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020
*New reporting schedule R&D Spend to Date Cash Investments Golden Planet
7INVESTMENT PERFORMANCE
GoldSpot Investment Performance* Since Going Public,
Compared to the TSX Venture & GDXJ
200% 191%
GoldSpot has significantly outperformed the
TSX Venture & GDXJ since inception
150%
111%
100%
69%
61% 58%
50% 44% 41%
25% 29%
18% 23%
14%
9% 5%
0% 0% 0% 1% 1% 2%
0%
0%
-8% -6% -10% -7%
GoldSpot lists on -18%
SPOT TSXV GDXJ
the TSX Venture
-50% -37%
Feb-2019 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 2020-12-31 Est
*Performance removes cash generated from pure cash-for-service agreements
8Other
MONETIZED R&D TECH
Resources
3%
3%
3D Modelling
5%
Geochemistry
5%
Remote Sensing LithoLens
22% Drill core imagery processing for
Targeting
logging and geotechnical
8%
GeoFez
Computer Vision Geophysics layers for machine
Mapping 16%
11% learning
MinusOne
Geophysics GIS 3D geophysics inversions
Inversion 13%
14%
SomSpot
Machine Learning processed satellite
remote sensing maps
>40 SmartTargets
Machine Learning prospectivity
R&D Products in Development mapping and target generationGROWTH – CASE STUDY LITHOLENS
• Core logging is an essential step in the
exploration process. It is the manual Core logging
systematic recording and measuring of
(and its derivatives) is a
information from drill core to determine
the lithology, mineralogy, geological
~$50M per year market.
history, structure and alteration zones Logging core and re-logging
historical core is potentially a
• Due to being a highly manual repetitive +$500M market.
task, core logging is subject to human
error and rising costs LithoLens targets core logging
as part of its digital
• Manual logging is slow, inconsistent
transformation business.
and expensive
10GROWTH – CASE STUDY LITHOLENS
• LithoLens is GoldSpot’s software solution using AI for cleaning, optimizing and extracting
data from rock imagery
• Imagery can range from historic and recent drill core photographs, to downhole optical
and acoustic televiewer files, to videos of seafloor nodule deposits
• Secure cloud-based data processing and machine learning creates large and valuable
new datasets from underutilized imagery and video data
DE-RISKING ADVANTAGES
• Ease of use, intuitive user interface
• Consistent and Automated recording of geological and geotechnical data
• Automation saves significant work-hours, reduce human errors and costs
• Results can be used in any software for 3D Modelling and geotechnical studies.
11GROWTH – CASE STUDY LITHOLENS
Rapid, automatic processing of directories of core
photos to extract geological observations
12GROWTH – CASE STUDY LITHOLENS
Original – Acoustic Televiewer
Results
LithoLens Downhole Fracture Distribution Signal
Fracture density indices delineate areas of broken ground, along with a relative quantified measure.
These are then exported in table format.
The results can be loaded and modelled in 3D, or used for further multivariate, statistical, or machine
learning analysis.
13GROWTH – CASE STUDY LITHOLENS
To date, LithoLens has analyzed 2,500,000 meters of core for multiple clients
and has generated in $1.5 million in services related to the platform
LithoLens is currently an internal tool – will be shifted to a monthly subscription
• User friendly Web Application available in Q2 2021
Data Analysis tools – Automation of Core Logging
• Machine learning from logs to photo and prediction
• Fractured zones – Automated RQD
• Lithological Analysis – Automated Geology
• LithoSearch – Automated Image search of similar rock type
• Fracture Orientation
GoldSpot plans on accelerating growth and expanding services
• Database management
• Core logging platform with photo integration
• Hyperspectral and other value-added data integration
• Integration with major modelling and data management software
14GROWTH – OUR ACQUISITION &
R&D PIPELINE - PATHWAY TO SAAS
Software
Development
Geochemistry
Geotechnical
Geophysics Logging
GIS Data and Databases – Consulting and
Acquisition Legacy Data
Extraction Improved Decision Software as a
& R&D Signal Processing Making Products Service
Image Processing Geological
Modelling
Geo-Data Science
Publishing Resource
Estimation
Enhancements
15GROWTH – A ONE-STOP
EXPLORATION TECH PLATFORM
Software companies
• Develop, acquire and integrate licensable products 12.00
currently trade at
90x Earnings
• Grow recurring revenue streams 10.00
• GoldSpot trades at 3.8x earnings
8.00
• Consulting companies trade at 50x
6.00
• Software companies trade at 90x
4.00
• GoldSpot is significantly undervalued,
regardless of metric 2.00
• 3 potential acquisitions currently being reviewed
-
Current Price Software
Share Price Cash Investments Net Income
16GROWTH – LEVERAGE TECH AND BRAND TO
CREATE THE NEXT GENERATION EXPLORCOS
• In Oct. 2020, GoldSpot’s majority-owned Golden Planet Mining (XCorp AI) Growth
subsidiary, XCorp AI, finalized an option to acquire $9,000,000
$8,075,000
a 100% interest in the Rider Block project (located $8,000,000
in central BC, Canada)
$7,000,000
• In Nov. 2020, GoldSpot entered into an agreement $6,000,000
to combine XCorp AI with Golden Planet Mining,
1,600% Gain
100% owner of the Mammoth Gold Project $5,000,000
in 4 Months
(located 10km South of La Ronge, SK) $4,000,000
• In Jan. 2021, the merger was complete. Golden $3,000,000
Planet Mining raised $6.4M at a $20M valuation
$2,000,000
making GoldSpot’s investment worth $8.1M at fair
market value $1,000,000 $475,000
$-
October 2020 January 2021
17GROWTH – LEVERAGE TECH AND CONTINUE TO
BUILD A PORTFOLIO OF EQUITY & ROYALTIES
Selected Portfolio Positions* Royalties
Dec. 2020 financing: 0.2 – 1% NSR
$0.30 unit May. 2020 financing: Queensway, NFLD. Results to date at
2-year $0.45 full warrant $0.14 unit Appleton include 19m of 93 g/t Au at the
Current price: $0.55 2-year $0.20 half warrant Keats Zone
83% gain Current price: $0.305
118% gain
0.5 – 1% NSR
Oct. 2020 financing: 250,00 acre land package proximal to the
$0.35 unit Nov. 2019 financing: successful New Found Gold project
1-year $0.70 half warrant $0.15 unit
Current price: $0.52 3-year $0.25 full warrant
0.5 – 2.5% NSR
49% gain Current price: $0.37
Kenwest project acquired from Goldcorp –
147% gain
19,387m drilled, including 53.7 g/t Au
Aug. 2020 financing: over 0.55m
$0.40 unit Apr. 2020 financing:
2-year $0.60 half warrant $0.35 unit (rollback) 0.5% NSR
Current price: $0.71 2-year $0.60 full warrant 850,000ha in Kraaipan Greenstone belt,
78% gain Current price: $0.425 home to South Africa’s premier gold
21% gain district
Jul. 2020 financing:
$0.10 unit 0.5% NSR
May. 2019 financing:
2-year $0.12 half warrant Adjacent to Great Bear Resources,
$0.40 unit
Current price: $0.18 situated in volcanic structures with
Current price: $4.68
80% gain dilation, folds, and fold axis along D2
1,070% gain
structures
*Gains do not include warrants
18GROWTH SUMMARY
Expansion into Australia (US$1.5B exploration market) and parts of Asia
Grow consultancy – continue to demonstrate innovative approaches, cover
operations and R&D costs, and generate new R&D products
Transition to SAAS – invest, develop and acquire licensable products to build
robust, reoccurring revenue streams
Build investment & royalty portfolio – give our investors exposure to the upside of
discovery while mitigating risk with our technology
Technology to drive new opportunities - leverage our unique capabilities to identify
overlooked prospective exploration properties to be staked or acquired.
Continuing our successful track record of New Found Gold and GPM of creating
value through cutting edge exploration
19TECHNICAL, RESEARCH, AND AI TALENT
Lindsay Hall, M.Sc., P.Geo Brenda Sharp, M.Sc., P.Geo Shervin Azad, M.Sc., P.Geo Pejman Shamsipour, Ph.D.
Chief Geologist Chief Geophysicist Senior Geophysicist Senior Geophysicist
Michael Cain, P.Eng. Britt Bluemel, M.Sc. Vivien Janvier, Ph.D., P.Geo. Mireille Pelletier, M.Sc., P.Geo
Senior Geophysicist Senior Geochemist Structural Geologist Senior Geologist
Ludovic Bigot, M.Sc. P.Geo. Chris MacInnis, P.Geo Peter McIntyre, P.Geo Matthew Bodnar, M.Sc.
Senior Geologist Senior Geologist Senior Geologist Senior Geologist
Julien Mailloux, M.Sc. Pierre de Tudert, M.Sc., P.Geo. Louis Beaupre, P.Eng Sarane Sterckx, M.Sc
Geodata Scientist Geologist Geological Engineer Geochemist
McLean Trott Véronique Bouzaglou, Ph.D Frédéric Courchesne, M.Sc Amin Aghaee, M.Sc.
Geologist Data Scientist Data Scientist Data Scientist
Anand Vemparala, M.Sc. Javiera Álvarez Kelly Latcham Shervin Manzuri Shalmani, M.Sc.
Data Scientist Database Administrator Office Manager Data Scientist
20MANAGEMENT & BOARD
Denis Laviolette | Executive Chairman & President James Dendle | Independent Director
Over 10 years of experience in exploration, mine operations, and capital markets. Worked in A P.Geo, with ten years of global experience in both the private sector and in consultancy services.
Northern Ontario (Timmins, Kirkland Lake and Red Lake), Norway and Ghana and took on a Currently serves as the VP, Geology & Investor Relations at Triple Flag Precious Metals Corp., a
diverse array of tasks, including grass roots exploration, start-up mine management, and streaming and royalty company. Broad background in estimating and auditing resources and
advanced mine operations. Worked as a Mining Analyst with Pinetree Capital Ltd. BSc Earth reserves, multi-disciplinary due diligence and technical studies BSc in Applied Geology (1st Class
Sciences (Geology) from Brock University. Honours) and a MSc in Mining Geology (Distinction) from the University of Exeter, Camborne School
of Mines, and is a Chartered Geologist of the Geological Society of London.
Vincent Dubé-Bourgeois | CEO & Director Gerry Feldman | Independent Director
Worked for the Ontario Geological Survey (OGS) and Noront Resources Ltd. MSc project Managing Partner of DNTW Toronto LLP, brings 35 years of experience in advising both private
consisted of describing and interpreting the geochemistry and geodynamic setting of the and public companies on their acquisition, divestiture and tax strategies. Extensive experience in
volcanic rocks hosting the gold-rich VMS Lalor deposit, Snow Lake, Manitoba. BSc in a broad range of sectors and mandates. Holds and has held Senior Officer and Director positions
Geology from the University of Ottawa. in several companies that are listed on various stock exchanges
Cejay Kim | Chief Business Officer Jay Sujir | Independent Director
Previously served as Chief Investment Officer at a private resource merchant bank. Worked in Over 30 years of experience acting for mining and other natural resource companies and is a
a senior capacity at ReQuest Equities, a merchant bank in the junior resource sector supported member of the British Columbia Advisory Committee of the TSX Venture Exchange. Independent
by the KCR Fund, a $100 million venture backed by Marin Katusa, Doug Casey, and Rick Rule. business advisor to the mining industry, and a lawyer and Partner in Farris, Vaughan, Wills &
BA in Economics from the University of Calgary, MBA in Global Asset and Wealth Management Murphy LLP’s Mining and Securities groups. Served as, and is currently a Director of several junior
from Simon Fraser University, a CFA charterholder, and a member of the Calgary CFA Society. exploration and mining companies, including Leagold Mining, Red Eagle Mining and Excelsior
Mining Corp.
Binh Quach | Chief Financial Officer
Shawn Hood | Chief Technology Officer
Chartered Professional Accountant with over 20 years experience working for both public
and private companies. Previously, the Controller of Pinetree Capital Ltd for 14 years. A PhD and P.Geo with over 15 years of experience across base and precious metals.
Published academic studies include the application of Artificial Intelligence to the fields of
exploration, mining, and economic geology. Industry experience includes exploration
(brownfields/greenfields) and mining (open pit/underground).
21BROAD R&D INNOVATION AND RECOGNITION
Member Research partner
The Vector Institute for Artificial Metal Earth is a Canadian $104 million
Intelligence is a $135 million R&D applied R&D program led by Laurentian
corporation driving research excellence University. Metal Earth is transforming
and leadership in the knowledge, the international understanding of base
creation, and use of AI to foster and precious metal deposits through
economic growth cutting-edge, field-based, and
collaborative research
22NOBODY NEEDS ANOTHER
EXPLORATION GAMBLE...
WE NEED DATA
ADVANTAGES.CORPORATE OFFICE TECHNICAL OFFICE
Toronto, Ontario Montreal, Quebec
69 Yonge Street, Suite 1010 980 Rue Cherrier, Suite 201
M5E 1K3 H2L 1H7
Info@goldspot.ca Vincent@goldspot.ca
+1 778 886 1826 +1 819 592 1195
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